FII data analysis before crucial RBI policy

FIIs sold 8509 contracts of Index Future (bought 768 long contract and 9277 shorts were entered ) worth 255 cores with net Open Interest increasing by 10045 contracts.So FII’s have slowly started entering shorts in Index Futures on more aggressive basis and one day before the crucial RBI event.

Nifty after forming a gravestone DOJI formation yesterday and breaking the channel on downside today again formed DOJI pattern and continue to trade below the channel. Bearish below 6100 and Bullish only above 6200 levels, IN between its just eating the premium of Options. Market is factoring in 25 BPS Rate hike, any surprise will lead to breakout or breakdown in market. Will RBI governor give DIWALI gift to market will resolve it on 11 AM on Tuesday.

Nifty Future Oct Open Interest Volume is at 1.61 cores with liquidation of 11 lakhs in Open Interest,with fall in cost of carry, long liquidation and short addition in market also 17 lakh got rollovered to November series.

Total Future & Option trading volume at 1.16 lakh with total contract traded at 2.6 lakh.PCR (Put to Call Ratio) at 0.93 so more Puts are getting traded .VIX moved above 20 again.

6300 Nifty CE is having highest OI at 59.6 lakhs with liquidation of 0.42 lakhs in OI most likely is the top end of October series. 6200 CE added 9.1 lakh, with net OI at 54.9 lakh suggesting 6200 will be resistance. FII’s bought 5 K in Call option and 34.9 K CE were shorted ,so FII’s are going with bearish view on market in short term. 5900-6300 CE added 8.5 Lakh in OI.

Hi how can the payment be made pl. let me know….I wanted to know about the trend changer levels in the above article it says 6045 for positional traders ….does mean that trend will reverse up after touching it?….give me the payment info asap…or shud i call u for it?